How to Do Your Prudent Entrepreneurial Planning From Idea to Your First Billion-Dollar Sales

Eric G. Malmlow

Bibliographic record and links to related information available from the Library of Congress catalog
Counter
Figures
Acknowledgments
Introduction

Part 1: From Idea Generator to Entrepreneur
1. Start-up Thinking
     1.1 Money Available
     1.2 Your Business Idea
     1.3 Thoughts about Organization
     1.4 The Four Different Markets
     1.5 Checklist for Your Pre-Start Marketing Plan
     1.6 Pricing in the Consumer Market
     1.7 Pricing in the Industrial Market
     1.8 Your Decision
2. From Start to Proprietor
     2.1 Income Statement
     2.2 Balance Sheet
     2.3 First Budget; Second Year
     2.4 A Few New Terms and Ratios
     2.5 Cash Budget; Second Year
3. Being Proprietor, Becoming Entrepreneur
     3.1 Team Planning for Growth
     3.2 Financial Ratios
     3.3 Time to Incorporate?
     3.4 Additional Working Capital
     3.5 Long-term Capital for Faster Growth
     3.6 A Logical Argument for Growth
     3.7 Application for Long-term Capital
Part 2: Entrepreneurial Planning
4. The What, Why, How, and Pitfalls of Planning
     4.1 What Is Corporate Planning?
     4.2 Why Do Formal Planning at All?
     4.3 How to Organize for Planning
     4.4 There Are Some Pitfalls
5. A Planning Model
6. Overview of the Planning Procedure
     6.1 A Short Summary of the Procedure
     6.2 Development of the Planning Effort
     6.3 A Summary of Features Pertaining to This Approach
7. Issue and Action Planning
     7.1 A Step-by-Step Procedure
     7.2 Assembly of Relevant Information
     7.3 How to organize for Information Assembly

     7.4 Analysis of the Total Situation
     7.5 Establishment of Needs for Action
     7.6 Development of Project Work Programs
     7.7 Profitability of Large Projects
8. Estimating Financial Resources
     8.1 Condensed Description of the Procedure
     8.2 Starting Data
     8.3 Environmental Factors
     8.4 Manageable (Strategic) Factors-
     8.5 Long-term Budget
     8.6 Estimates of Financial Resources
     8.7 A Computer Program for the Estimates
9. First "Provisional" Corporate Plan
     9.1 The "Plan to Plan"
     9.2 The Corporate Plan Meeting
     9.3 Evaluation of Suggested Projects
     9.4 Recheck of the Long-term Budget
     9.5 Selection of One Realistic Estimate of Financial Resources for the Planning Period
     9.6 Investment Gap Analysis
     9.7 Need for Other, Nonfinancial Resources
     9.8 Free Discussion of Purpose
     9.9 Purpose Statement
     9.10 Strategy Statement
     9.11 Strategic Goals
     9.12 Development Projects and Control Plan
     9.13 Assembly of the Plan Document
     9.14 The Budget for Next Year
     9.15 Monitoring for Results
Part 3: Corporate Development
10. Development Strategies-an Overview
     10.1 Classifications
     10.2 Internal and External Development
     10.3 Evaluation of Business Opportunities
     10.4 Organization for Strategy Implementation
11. Efficiency Improvements and Divestitures
     11.1 Improving the Existing Business: A Number of Approaches
     11.2 Invited Information from Within
     11.3 A Management By Objectives (MBO) Approach to Planning Integration
     11.4 Zero-based Budgeting
     11.5 Portfolio Analysis
     11.6 Strategies for Profit Improvement
12. New and Improved Products and Services
     12.1 Successful Innovations: Environmental and Process
     12.2 Environmental Factors
     12.3 Improving the Innovation Process
     12.4 The Step-by-Step Innovation Process
     12.5 Work Programs for R & D Projects
     12.6 Management System for R & D
13. New Markets at Home and Abroad
     13.1 Marketing at Home and Abroad-Introduction
     13.2 The Marketing Plan
     13.3 A Marketing Audit Approach
     13.4 Going International
     13.5 International Marketing of Consumer Products
     13.6 International Marketing of Industrial Products
     13.7 Organization at Headquarters
14.Diversification
     14.1 Need for a Systematic Approach
     14.2 Organization of Diversification Projects
     14.3 The Idea Phase
     14.4 The Information Phase
     14.5 In Retrospect: Why Diversify?

Additional Reading
Index